As a development finance institution (DFI), the National Bank for Financing Infrastructure and Development (NaBFID), will facilitate cheap capital for public works programmes and projects, says Vinayak Chatterjee, Chairman, Feedback Infra Group & Chairman, Confederation of Indian Industry (CII), National Council on Infrastructure. Like the DFIs created by policymakers in the 1950s for making industrial capital accessible,...
Category: Infrastructure
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DFI to create financing ecosystem for infra projects
The new Development Finance Institution (DFI) will be a fairly large entity that will play a key role in the Central Government’s strategy to facilitate the creation of a robust financing ecosystem for infrastructure projects in the country. Simultaneously, the government also remains committed to rolling out systemic interventions to ensure the necessary action on...